Missoula’s rental market has entered a new phase. Vacancy has stabilized, the renter profile is shifting, and a wave of new supply is concentrated in specific submarkets. This report breaks down what’s driving each trend and what it means for owners, investors, and developers right now.
SterlingCRE Advisors’ Q1 2026 report covers the forces shaping Missoula’s multifamily market, from vacancy and rent trends to the submarkets drawing new development and a clear-eyed outlook for owners and investors heading into the rest of 2026.
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See how vacancy has shifted and what it signals for leasing conditions and rent growth potential going forward.
Our quarterly reports are built from SterlingCRE’s proprietary market data, the same intelligence our brokerage team uses to guide major transactions statewide.